Edgar W Freeman Charitable Trust

Public charity · Grantmaker Yankton, SD EIN: 41-6225766

On january 2nd 1980, edgar w. Freeman established a charitable trust. The trust was organized exclusively to make distributions to support or maintain professorships at the university of South Dakota.

Key facts about Edgar W Freeman Charitable Trust

In short: Edgar W Freeman Charitable Trust gave $294K across 1 grant in 2025 (avg $294K), mostly in South Dakota. Source: 2025 IRS Form 990.

EIN
41-6225766
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$294,160
Grants made (2025)
1
Average grant
$294,160
Median grant
$294,160
Total assets
$6,948,112
Primary geography
South Dakota (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$6.9M

+3.5% YoY

Annual Giving

$294K

+3.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$294K

+3.6% YoY

How Edgar W Freeman Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (+7%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Edgar W Freeman Charitable Trust

Based on IRS filings

Edgar W Freeman Charitable Trust is a public charity, based in Yankton, SD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 1 grant totaling $294K. Net investment income was $584K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Vermillion

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grants20191 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

From 2019 to 2025, annual grant giving ranged from $247K (2019) to $294K (2025). In 2025 it made 1 grant totaling $294K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

University of South Dakota: $294KUniversity of South Dakota$294K

The largest 2025 recipient was University of South Dakota ($294K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K5$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of South Dakota Vermillion, SDFunding Support$294,160

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2019202020212022202320242025
Metric202520242023
Total Assets$6,948,112$6,711,701$6,595,228
Revenue$583,707$451,734$392,017
Expenses$347,296$335,261$306,523
Net Investment Income$583,707$451,734$392,017

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 22, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS June 1, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS June 10, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS June 1, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 21, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 1, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Edgar W Freeman Charitable Trust's 2025 filing lists 5 officers; 1 of 5 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • First Dakota National Bank

    Trustee

    On filings since 2019

    1 hr/week

    $32K (2019) → $46K (2025)

  • Sheila Gestring

    Trustee

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • John Dudley

    Trustee

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Tim Ridgway

    Trustee

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Timothy O'Keefe

    Trustee

    On filings since 2023

    0.1 hrs/week

    No compensation reported

Former officers (4)
  • Former: Mark Yockey (2022) — Trustee
  • Former: Venky Venkatachalam (2019–2021) — Trustee
  • Former: Mary D. Nettleman (2019–2020) — Trustee
  • Former: Michael Kruger (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

First Dakota National Bank — Trustee: $46KFirst Dakota National…Trustee$46K

The highest reported compensation on the 2025 filing was $46K, to First Dakota National Bank (Trustee).

Frequently asked questions about Edgar W Freeman Charitable Trust

How much does Edgar W Freeman Charitable Trust give each year?

Edgar W Freeman Charitable Trust gave $294K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $284K across 1 grant.

How large is Edgar W Freeman Charitable Trust?

Edgar W Freeman Charitable Trust reported $6.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $584K.

Where does Edgar W Freeman Charitable Trust operate?

Edgar W Freeman Charitable Trust has awarded grants in South Dakota.

What is Edgar W Freeman Charitable Trust's EIN?

Edgar W Freeman Charitable Trust's EIN (Employer Identification Number) is 41-6225766. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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